Filing Flows › Quest Resource Holding (QRHC) › Q2 2026
Quest Resource Holding (QRHC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Quest Resource Holding (QRHC) reported revenue of $64.1M for the second quarter 2026 (Q2 2026), +8% from a year earlier and +4% from the quarter before. Operating margin was -15.6%, net loss $12.2M (19.1% of revenue).
Quest Resource Holding, Q2 2026: revenue $64.1M (+8% year over year), operating margin -15.6%, net loss $12.2M, operating cash flow $4.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.1M | +4% | +8% |
| Operating profit | −$10.0M | -4217% | -2708% |
| Net earnings | −$12.2M | — | — |
| Operating cash flow | $4.5M | 23× | +14% |
| Free cash flow | $4.5M | 41× | +14% |
What changed
Revenue was $64.1M in Q2 2026, up 8% year over year and up 4% from the previous quarter. Services was the largest line at 95% of revenue. Services added $4.2M year over year (up 8%), 94% of the total change.
Gross margin was 16.3%, down 2.3 points from Q2 2025. Operating costs exceeded revenue by $10.0M, an operating margin of -15.6%. Operating expenses grew 91% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+793%). The quarter ended with a net loss of $12.2M, wider than the previous quarter's $2.3M loss.
Operating cash flow was $4.5M (up 14% year over year). Non-cash charges added back $1.1M of depreciation and amortization and $357K of share-based compensation. Working capital and other items added $15.3M. Capital expenditures of $3K left free cash flow of $4.5M.
Questions
What was Quest Resource Holding's revenue in the second quarter 2026?
Quest Resource Holding (QRHC) reported revenue of $64.1M for the second quarter 2026 (Q2 2026), +8% from a year earlier and +4% from the quarter before.
Was Quest Resource Holding profitable in the second quarter 2026?
Operating loss was $10.0M (-15.6% of revenue) and net loss $12.2M.